TTM Technologies (NASDAQ:TTMI – Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.35 per share for the quarter. TTM Technologies has set its Q3 guidance at $0.37-0.43 EPS and its Q3 2024 guidance at 0.370-0.430 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
TTM Technologies (NASDAQ:TTMI – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.05. TTM Technologies had a net margin of 0.74% and a return on equity of 9.01%. The business had revenue of $605.10 million during the quarter, compared to analyst estimates of $582.70 million. During the same quarter in the previous year, the firm earned $0.28 earnings per share. The business’s revenue was up 10.7% compared to the same quarter last year. On average, analysts expect TTM Technologies to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
TTM Technologies Trading Down 1.7 %
NASDAQ TTMI opened at $18.92 on Wednesday. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 118.26 and a beta of 1.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.04 and a quick ratio of 1.74. TTM Technologies has a 12 month low of $11.14 and a 12 month high of $22.70. The company’s fifty day moving average price is $18.75 and its two-hundred day moving average price is $18.40.
Analysts Set New Price Targets
Check Out Our Latest Analysis on TTM Technologies
Insiders Place Their Bets
In other news, SVP Dale Martin Knecht sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The stock was sold at an average price of $17.40, for a total transaction of $348,000.00. Following the completion of the transaction, the senior vice president now directly owns 81,392 shares of the company’s stock, valued at approximately $1,416,220.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Shawn A. Powers sold 7,000 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $20.50, for a total value of $143,500.00. Following the sale, the executive vice president now owns 101,741 shares of the company’s stock, valued at $2,085,690.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Dale Martin Knecht sold 20,000 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $17.40, for a total transaction of $348,000.00. Following the transaction, the senior vice president now directly owns 81,392 shares of the company’s stock, valued at $1,416,220.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 63,000 shares of company stock valued at $1,153,900 over the last quarter. Insiders own 1.30% of the company’s stock.
TTM Technologies Company Profile
TTM Technologies, Inc, together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs.
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